The LMI Insider – May 2024

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May 2024

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Welcome to LMI Insider –

A Publication of the Labor Market Information Institute

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Final Call for State Teams to Participate in Data User Insights Academy

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For any state teams of LMI agency and data user groups interested in participating, remember that applications for the Data User Insights Academy are due this Friday, May 17th!

The Data User Insights Academy provides a process and space for state LMI agencies and LMI data users to collaboratively improve LMI awareness, access, and utilization. State teams, made up of state LMI staff and local data users, will build relationships and identify challenges and opportunities for data access, as well as develop insights about the best approaches to address specific obstacles and begin implementing policies and programs to improve data user-producer communication and collaboration.

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LMI Annual Forum Fast Approaching

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The Annual LMI Forum is almost here! Join us in Norfolk, VA from June 12-14 for the main event, or sign up for trainings and come on the 11th. Highlights include hearing from industry-leading keynotes, training classes, researchers’ roundtables, presentation of the annual Community & Economic Research Awards and Charles Benefield Award, and opportunities to build important networks within the research community.

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Upcoming Events, Trainings, and Webinars

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Addressing Workforce Skill Gaps in Your Region Training

June 11, 2024

Norfolk, VA

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Foundations of Economic Development Research Training

June 11, 2024 

Norfolk, VA

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Beginner R Training: Data Science for Workforce and Economic Development Research

June 11, 2024 

Norfolk, VA

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LMI Institute Annual Forum

June 12-14, 2024 

Norfolk, VA

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Data Insights Roundtable: Leveraging CareerOneStop Data & Tools

June 20, 2024

2:00 PM – 3:00 PM ET

Virtual – this is a live event

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Insider View – Be in the Know

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Occupational Wage Comparison Tool Updated

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The Cost of Living Index Adjusted Occupation Wage Comparison Tool has been updated for 2024 with the latest OEWS data (May 2023).

This valuable tool provides occupational wage estimates across geographies, adjusted for differences in cost of living, allowing analysts to better account for the relative purchasing power of an occupations wage across geographies. This benefit is free for LMI Institute members!

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Building Equitable Pathways at the Annual Forum

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Building Equitable Pathways (BEP) is coming to the LMI Institute Annual Forum! This the first phase of a multi-year initiative working with local workforce and education intermediaries across the US to identify how data can expand access to postsecondary and career opportunities for low income, Black and Latinx students. As part of the second phase, the LMI Institute will be working to ensure more intermediaries and other data users can access and understand state LMI.

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Hear more from Tucker Plumlee, Senior Research Associate, about the Building Equitable Pathways project.

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Watch Brittany Deal, C2ER Board Member and the Director of Business Intelligence of the Lafayette Economic Development Authority talk about how insights and recommendations from the Bridging Data Disparities report are relevant to the LMI ecosystem, including local development groups looking to support workforce and education decision-makers.

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Featured Reports and Tools

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Arizona

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Arizona’s labor force dashboards break down the labor force size and participation rate not only by geography to the county and city level. But shows the labor force participation rate of different age, education, gender, and racial categories.

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Arkansas

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Arkansas recently merged its Career Watch magazine into Arkansas Next, a yearly magazine with profiles of Arkansas occupations, with job descriptions, average pay, and growth rate. It also contains educational information. Including information on two and four-year degrees offered in Arkansas, along with scholarship information and more!

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Does your state have a projections dashboard?

Share it with us! We’d love to see it and feature it in the monthly LMI Insider.

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We welcome your feedback on this edition, and for content suggestions in future editions, of The LMI Insider. Please direct comments, questions, or for more information on the LMI Institute to Marty Romitti, CREC Senior Vice President, at mromitti@crec.net

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To subscribe to the C2ER/LMI Weekly Updates click here

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